Indian markets have witnessed a massive correction due to increasing inflation, interest rate hikes and an increase in oil prices. The Indian benchmark index Nifty50 has witnessed a correction of 12.2% since the beginning of April. Nifty50 has closed at 15875.10 points as of Tuesday. It has even impacted bluechip stocks which are currently trading [...]
The shares of India's largest automotive suspension spring manufacturer, Jamna Auto Industries Ltd achieved a fresh all-time high on Wednesday. During the day, the stock reached an all-time high of ₹126.25 and is currently trading at ₹123.05, up by 4.33%, IST: 12:00. Since the crash of covid, the share has given a multibagger return of [...]
Shares of Indian multinational automotive corporation Mahindra & Mahindra which holds a 1.09% weightage in the Nifty50 Index achieved its all-time high on Tuesday. During the day, the stock reached an all-time high of ₹1121.45 and is currently trading at ₹1113, up by 2.80%, IST: 11:40. The shares of the company have given a multibagger [...]
Chennai-based investor Dolly Khanna-backed Tinna Rubber and Infrastructure shares have given a stellar return to its shareholders. The stock has delivered multibagger returns of 362.65% in the past year as its share price surged from ₹66.80 to ₹309.05. If an investor would have invested ₹1,00,000 in the shares of the company the value of their [...]
One of India’s leading technology services and consulting companies, Wipro Limited holds a 1.4% weightage in the Nifty50 index. The share reached a 52-week high of ₹739.85 on 14th October 2021. The share opened gap-up and is currently trading at ₹426.40 on Monday, IST 10:48. The Share prices of the company fell after it announced [...]
Dividend stocks are the companies which have a history of distributing dividends at a consistent rate. Investors hoping to have a regular source of dividends opt for dividend stocks. Companies which offer steady dividends are usually settled companies in mature industries such as utility, FMCG, energy, etc. Here we have covered top dividend-paying companies having [...]
The shares of textile manufacturer Trident Ltd. were down 0.65% for the day as of 12:35 IST and were trading at ₹ 38.10 per share. Trident is a diversified mid-cap company with interests in home textiles, paper, energy, FMCG and chemical industries. Its bed & bath linen and yarn business contribute majorly to the revenue. [...]
The shares of government-owned steel producer Steel Authority of India Ltd. (SAIL) have declined 38% to date since early April. As of 12:45 IST, the stock was trading at ₹ 68.45, down 38% since the April 6 closing price of ₹ 110.50 per share. Billionaire investor Rakesh Jhunjhunwala, who earlier held a 1.8% stake in [...]
The shares of Rakesh Jhunjunwala-owned Nazara Technologies were up more than 18.5% in the early hours of trading on Friday. The stock climbed to touch its high of ₹ 618.84 per share as of 9:39 IST, up ₹ 98 from its previous day's adjusted closing price of ₹ 520.90 per share. It must be noted [...]
The shares of luggage-maker VIP Industries Limited which owns famous brands such as Skybags, Carlton, and Caprese have climbed almost 20% in the previous 10 trading sessions. As of 12:30 IST, the stock was trading at ₹ 619.45 per share, up 19.95% from the price of ₹ 516.56 it registered at 10 AM on 13 [...]